Most investors structuring their transaction as a 1031 exchange are aware that they must identify their replacement property within 45 days of the sale of their first relinquished property. For example, the identification of the replacement property will read

A Deferred Sales Trust (DST), which is brand name for a type of structured installement sale, is increasingly a strategy of choice for real estate and business investors. A DST can be used in many cases where a 1031 exchange cannot be used.

New York Law Journal/August 9, 1999 – The topic of the article is whether a New York cooperative apartment is real property and thus can be exchanged for other real property. This article is widely considered to be the authority on the subject.